ACTIVE

THORECALE

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Financial year 2025 · closed on 31/12/2025
Net result
-3,9 k €
-160.5% YoY
Gross margin
1,3 k €
-89.6% YoY
Equity
17,9 k €
-33.1% YoY

What does THORECALE do?

THORECALE is a Private limited company incorporated in 2021. Its main activity is: Management consultancy activities. Its registered office is in Hoegaarden.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0774.862.427
Incorporation
30/09/2021
Legal form
Private limited company
Registered office
Gemeenteplein 21
3320 Hoegaarden · FlandreSee on map
Contributed capital
3 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.
Signals
Solid equityLow riskGood liquidityPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin1,3 k €12,9 k €19 k €24,8 k €
EBITDA364,7 €12,1 k €17,7 k €21,7 k €
Operating result142,1 €11,9 k €11,7 k €15,9 k €
Net result-3,9 k €6,4 k €6 k €11,4 k €
Balance sheet
Equity17,9 k €26,8 k €20,4 k €14,4 k €
Total assets31,3 k €45,1 k €34,7 k €31,5 k €
Cash3,1 k €3,8 k €2,6 k €5,4 k €
Debts13,4 k €18,4 k €14,3 k €17,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 1 ended

Active mandates

Damansil Zenaida Managuelod

Director

Active
TOM RUDI VAN KEYENBERG

Director

Active

Ended mandates

DAMANSIL ZENAIDA MANAGUELOD

Director · since 01 juillet 2023

Ended
At this address

Other companies at this address

CompanyCBE no.
INDIRA● Active
0463.487.081
Annual accounts

Full financial information

2025202420232022
Type of accountMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202330/09/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months16 months
Filing date10/07/202617/07/202515/07/202428/07/2023
General meeting29/06/202630/06/202524/06/202430/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202529/06/202610/07/2026DutchPDF
Micro model31/12/202430/06/202517/07/2025DutchPDF
Micro model31/12/202324/06/202415/07/2024DutchPDF
Micro model31/12/202230/06/202328/07/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 1 ended

Active mandates

Damansil Zenaida Managuelod

Director

Active
TOM RUDI VAN KEYENBERG

Director

Active

Ended mandates

DAMANSIL ZENAIDA MANAGUELOD

Director · since 01 juillet 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates16/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/10/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-3,9 k €↓
  2. 2024
    Annual accounts 20246,4 k €↑
  3. 2023
    Annual accounts 20236 k €↓
  4. 2022
    Annual accounts 202211,4 k €
  5. 30/09/2021
    IncorporationPrivate limited company